Pakistan’s latest challenger HugoBank gains preliminary approval
Pakistani challenger HugoBank receives preliminary approval for its Digital Retail Banking (DRB) license from the State Bank of Pakistan (SBP) and plans to offer...
Flex secures $20m in equity and $100m in debt funding as part of Series A round
US-based B2B fintech start-up Flex secures $120 million in funding, launching a finance app with a credit card for small businesses.
FactsFlex, formerly known...
UK SME lender Fleximize secures £136m financing from Goldman Sachs and Citi
British business lender Fleximize secures £136 million in financing from Goldman Sachs Asset Management and Citi to expand operations and support UK SMEs.
FactsFleximize...
Clear Street bolsters technology leadership with two new hires
Clear Street, a US-based independent prime broker, has strengthened its technology leadership team by appointing Jon Daplyn as Chief Information Officer (CIO) and Hari...
Sibos dreams of a T+1 settlement utopia on eventful day three
Experts at Sibos discuss the benefits, risks, and challenges of settling securities in one day or less, focusing on T+1 settlement times.
FactsSibos panels...
UK alternative lender ThinCats secures nearly £700m in funding facility
ThinCats, a UK-based alternative business lender, has secured nearly £700 million in a fresh warehouse facility with Citi and Barclays Bank, backed by British...
Romania’s Libra Internet Bank taps Temenos to modernise payments
Romania's Libra Internet Bank partners with Temenos to modernize its payments services and enhance cross-border payments, aiming to simplify operations and support future growth.
Facts...
HSBC launches digital trade finance solution
HSBC has introduced HSBC TradePay, a digital trade finance solution that enables clients to instantly drawdown trade loans and pay suppliers, improving working capital...
Accounting software firm Tipalti expands to Europe with EMI licence and localised offering
US-based finance automation platform Tipalti expands into Europe with an Electronic Money Institution (EMI) license and a localized solution to serve the European market,...
